Tips and smart strategy on how to win microgamings’ mega moolah slot jackpot.
When it comes to playing a progressive jackpot slots it’s imperative that you get your head in the game right from the very first spin. In other words you must have a definitive game plan or set rules how you’re going to play it.
Some might say playing a progressive is simple all you need to do is deposit and play and the reels will take care of the rest. To a certain extend this is true but there’s a tad more to it than meets the eye.
Every single player that ever played a progressive slots had that sparkle in their eyes while their imagination ran riot with them. Common questions folk often ask: What will I do if I win £1 million or even £5 million pounds? Maybe I’ll buy that Mercedes, that big house situated at the beachfront or I might save it for a rainy day. Either way winning a progressive is a life-changing win altogether but hanging onto the cash can be a problem in itself too. Any way this is a story for another day and outside the scope of this piece.
One progressive jackpot slots in particular that’s been hogging the limelight more times than we care to remember is Microgaming’s Mega Moolah. Yup, the one and only, this slots made more instant multi-millionaires than some dogs have fleas!
CLAIM THE BONUS!
Just to give you an idea on how great this slots really is, a player by the name of Jon Heywood won a heart-stopping £13.2 million on a stake of 25 pence in November 2016! What this tells us is that it breaks the norm when it comes to playing progressives in the traditional sense-you don’t need to wager the max bet per spin to win the top cash prize. It’s nuts we know!
Can I Play Mega Moolah With Bitcoin (Cryptocurrencies)?
An interesting snippet about Mega Moolah not only can it be played with currencies such as GBP, USD, EUR, CAD, NZD and SEK, but players can now use Bitcoin and various other cryptos like Dogecoin, XRP, Litecoin and Ethereum to play it. Mega Moolah slot players can now fund their online casino accounts with an ocean of banking methods and fiat currencies. We recommend 24k Casino.
The outcome of a progressive jackpot is completely random since it is linked to a central progressive network. Every time the game is played a small portion goes towards it, the net result is that the game’s jackpot grows and grows until it’s finally hit. If the progressive offers a jackpot of $1 million it’s reset to $500,000 and the wagers made on it will cause it to grow again. As the jackpot increases it reaches what we call a break-even point which makes the jackpot feasible by giving it a bash. Once a progressive reached it’s break-even point players will start playing it like crazy because it’s on the ”verge” of paying out.
What exactly is the House Edge on a typical progressive? Normally we’re looking at 4% to 5%, in layman’s terms £4 to £5 goes to the casino for every £100 wagered. The funds are used to pay the casino’s staff, the software, licensing and so forth. Progressive jackpots are very volatile and seldom go above the break-even point.
Mega Moolah Progressive Overview
Come to think of it how does the Mega Moolah progressive jackpot system work? Every bet placed or spin made can yield the next potential jackpot winner because the amount the player wagered is linked to triggering the Jackpot Wheel.
The game mechanics is pretty straightforward. Let’s say you wager £0.25 per spin, your chances of hitting the jackpot is half less than a player who wagers £0.50 per spin and a quarter less than a player wagering £1 per spin, you get the idea? It stands to reason the more you wager per spin the better your chances are of hitting the jackpot:
- Mega Moolah has a non-progressive jackpot of 225,000 coins.
- It has 4 progressive jackpots (Mini, Minor, Major and Mega).
- An unusually high RTP (return to player percentage) of 96% or a House Edge of 4%.
- Has a wild substitution, free spins bonus round and fitted with a Jackpot Wheel that’s tailor made for high-staked players.
- The free spins feature is initiated when 3 or more monkey scatters appear awarding you 15 free spins with multiplier wins of 3x attached to each free spin win.
- Of the 4 jackpots the Mini jackpot is the smallest which normally pays between 10x to 50x your stake. The Minor jackpot pays 100x your stake, the Major jackpot pays tens of thousands while the Mega jackpot pays in excess of a £1 million plus.
Mega Moolah Progressive Slots Previous Big Winners
- Georgios M from Greece won €6.3 million on a €5 bet, incidentally it was the largest online jackpot at the time.
- Radoslaw a Polish player won €1.2 million in 2008.
- In 2016 Jon Heywood won £13.5 million with a bet of £0.25 per spin.
- The most significant wins on Microgaming’s Mega Moolah occurred in 2018. What makes these wins even more compelling is that they were hit on ‘Mega Moolah Mobile’. The first spectacular win of 2018 was NZ$8,3 million followed by the biggest win ever which was in
- September, a staggering amount of €18,910,668 (New Guinness World Record).
Tips And Strategy
Let’s put it this way if we had the recipe to unlocking the secrets of winning a progressive jackpot we don’t think we’ll share it with anybody. Playing a progressive entails a lot of discipline and of course oodles of luck!
1. Discipline is key
Before you play Microgaming’s Mega Moolah progressive jackpot slots it’s important that you set a budget aside and that you stick to it. If you’re a high roller and your bankroll is £5,000 don’t dip back into your credit line to deposit more funds, if the cash is finished stop playing.
2. Why Freebies Are Important
If you’re a regular player at your casino, let’s say it’s a site like BitStarz Casino the operator offers you various incentives every time you play. If you’ve lost, you get cash back on your losses sometimes they can be as high as 20% and comps on selected games that can be exchanged for real cash. If you play Mega Moolah ensure that the casino gives you a few free spins on the house or any bonus for that matter. Don’t be afraid to ask casinos can be quite generous sometimes.
3. Use The Match/Deposit Bonus
PlayOjo is one of few UK online casinos that we know off that allows players to use its sign on bonus to play progressive jackpots. To us it’s a win-win because if you’re a progressive player your bankroll is doubled upon your first deposit. This in turn gives you enough cash in pocket to hopefully win a sizeable amount of cash or even the ‘Mega Jackpot’.
4. Study The Paytable
Before we play a slots we consult its Help Screen first, one thing we don’t like about progressives is that they can’t be played with free credits, only for real cash. Playing a slots for free gives you some insight into its inner workings (mechanics) and how many spins it takes to trigger its bonus modes.
In summary. When playing a progressive slots you’re ‘playing blind’ and the outcome is completely random. As such you have no idea how many spins it will take before you trigger the free spins or any other bonus round. We guess this is why Mega Moolah is such an exciting slots to play because its jackpot can be hit on any spin!